Adding other parties as an additional insured on to a general liability policy has become increasingly popular during the past 20 years. Almost every contract, especially in the construction industry, includes this requirement. To keep up with demand and pressure from the insurance industry, the Insurance Services Office has issued various versions of the standard endorsements, CG 20 10 and CG 20 37, which have not always been advantageous to additional insureds, especially in the construction industry. Therefore, it is important to review construction contracts in full and pay special attention to the wording revolving around the additional insured endorsements.
Reprinted courtesy of Christine Cowan, Construction Executive, a publication of Associated Builders and Contractors. All rights reserved.